Free Republic

Love him or hate him, but stock broker and gold proponent Peter Schiff does make a very compelling observation: consumers are paying for huge government via the inflation tax, and the only way to slow down runaway consumer prices is to aggressively hike rates and strongly cut back on fiscal spending. Schiff took to his blog to express grievances with the state of the US economy, and the detrimental impact of soaring inflation on Americans’ incomes. “I think we’re not in recession, which was something that I had been predicting. So, inflation got stronger as the economy got weaker. And...